News Archives for Print - 2017-01-23 - Business Recorder

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اردو

May 14, 2025 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print - 2017-01-23

Cuba sends maritime delegation to US

Cuba sends maritime delegation to US

A delegation of port and maritime officials from Cuba has arrived in the United States for talks on "business opportunities and foreign investment," the Granma official newspaper said on Sunday. In its online edition, the communist party daily wrote that

Published 23 Jan, 2017 12:00am

7.9 quake shakes PNG, tsunami alert rescinded

7.9 quake shakes PNG, tsunami alert rescinded

A powerful 7.9-magnitude earthquake struck Papua New Guinea Sunday, shaking homes and sparking a tsunami alert, but there were no immediate reports of casualties or major damage. The tsunami warning for the Pacific island nation and its neighbours was lat

Published 23 Jan, 2017 12:00am

'Catastrophe' declared as wildfires rage in central Chile

'Catastrophe' declared as wildfires rage in central Chile

Authorities declared a state of catastrophe in central Chile as crews Saturday fought vast forest fires described as the worst in decades. More than 450 square kilometers (175 square miles) were ablaze in the O'Higgins region - an area roughly the size of

Published 23 Jan, 2017 12:00am

Rise in FDI

Rise in FDI

After a plunge upto November during the current fiscal, Foreign Direct Investment (FDI) in the country has recovered to more than neutralise for the earlier fall during December, 2016 to register an increase of 10 percent to cross the dollar one billion m

Published 23 Jan, 2017 12:00am

India's CPEC problem

India's CPEC problem

In his wide-ranging speech at the inaugural session of Raisina Dialogue - a geopolitical conference hosted by India- turning to relations with China, Prime Minister Narendra Modi made an oblique reference to China-Pakistan Economic Corridor (CPEC), sayin

Published 23 Jan, 2017 12:00am

PM at Davos

PM at Davos

Prime Minister Nawaz Sharif attended the Davos moot, the World Economic Forum, again this year. And not surprisingly one of the speakers at the Forum, Mark Pieth, Swiss anti-corruption expert who resigned from the seven-member Panama Papers Probe together

Published 23 Jan, 2017 12:00am

Crumbling lira pressures Turkish retailers as economy slows

Currency

Crumbling lira pressures Turkish retailers as economy slows

Turkish businessman Tekin Acar had contracts to open branches of his leading cosmetics chain in ten new shopping malls this year. A few days ago he cancelled nine of them after sharp falls in the lira meant he would struggle to afford the rents.

Published 23 Jan, 2017 12:00am

Role of local tractor industry

Cotton

Role of local tractor industry

Agriculture is the back bone of Pakistan's economy as it contributes 19.2 percent to GDP, employs 42 percent of the country's labour force, provides food security and raw material to various industries. The growth in agriculture sector not only stimulate

Published 23 Jan, 2017 12:00am

Jehangir Park's place in Karachi's cricket history - II

Jehangir Park's place in Karachi's cricket history - II

Competitive cricket matches were held regularly on Sundays and other holidays. It was on this coir-matting and the sandy outfield that pre-Partition cricketers of high pedigree like J. Naoomal, Ghulam Muhammad, Abdul Aziz, Daud Khan, Abbas Khan, Kishan Ch

Published 23 Jan, 2017 12:00am

'Gwadar can become a Shenzhen-level city in ten years,' Dostain Khan Jamaldini, Chairman, Gwadar Port Authority

'Gwadar can become a Shenzhen-level city in ten years,' Dostain Khan Jamaldini, Chairman, Gwadar Port Authority

BR Research recently visited Gwadar to get a look and feel of CPEC projects in the famous fishing district. There we also had a detailed sit-down with Dostain Khan Jamaldini, Chairman, Gwadar Port Authority (GPA). Mr. Jamaldini started his civil services

Published 23 Jan, 2017 12:00am

'Gwadar can become a Shenzhen-level city in ten years,' Dostain Khan Jamaldini, Chairman, Gwadar Port Authority

'Gwadar can become a Shenzhen-level city in ten years,' Dostain Khan Jamaldini, Chairman, Gwadar Port Authority

BR Research recently visited Gwadar to get a look and feel of CPEC projects in the famous fishing district. There we also had a detailed sit-down with Dostain Khan Jamaldini, Chairman, Gwadar Port Authority (GPA). Mr. Jamaldini started his civil services

Published 23 Jan, 2017 12:00am

Aaj TV - Monday's schedule

Aaj TV - Monday's schedule

All timings are in PST (Pakistan Standard Time).

Published 23 Jan, 2017 12:00am

Your rupee last week

Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (January 16 to 20, 2017).

Published 23 Jan, 2017 12:00am

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2016)

Returns on Profit and Loss Sharing Investment Bank Accounts (JANUARY TO JUNE 2016)

Comparative table of returns being given banks on their Profit and Loss Sharing Investment Accounts and Term Deposits.

Published 23 Jan, 2017 12:00am

The Weather

The Weather

The weather report on Sunday (January 22, 2017) and the forecast for Monday (January 23, 2017).

Published 23 Jan, 2017 12:00am

THE RUPEE: fresh gains posted

Currency

THE RUPEE: fresh gains posted

The rupee managed to gain sharply against the dollar on the currency market during the week, ended on January 21, 2017. In the open market, the rupee managed to recover 80 paisas in terms of the dollar for buying and selling at Rs 107.60 and Rs 107.80.

Published 23 Jan, 2017 12:00am

THE RUPEE: fresh gains posted

Currency

THE RUPEE: fresh gains posted

The rupee managed to gain sharply against the dollar on the currency market during the week, ended on January 21, 2017. In the open market, the rupee managed to recover 80 paisas in terms of the dollar for buying and selling at Rs 107.60 and Rs 107.80.

Published 23 Jan, 2017 12:00am

Special Security Division for CPEC notified

Special Security Division for CPEC notified

A special division for the security of the China-Pakistan Economic Corridor (CPEC) has been established and notified by the Interior Ministry. The security division, assigned with the duty of protecting projects under the CPEC and the Chinese workers, wil

Published 23 Jan, 2017 12:00am

Special Security Division for CPEC notified

Special Security Division for CPEC notified

A special division for the security of the China-Pakistan Economic Corridor (CPEC) has been established and notified by the Interior Ministry. The security division, assigned with the duty of protecting projects under the CPEC and the Chinese workers, wil

Published 23 Jan, 2017 12:00am

Special Security Division for CPEC notified

Special Security Division for CPEC notified

A special division for the security of the China-Pakistan Economic Corridor (CPEC) has been established and notified by the Interior Ministry. The security division, assigned with the duty of protecting projects under the CPEC and the Chinese workers, wil

Published 23 Jan, 2017 12:00am

APS to be constructed in Parachinar: Bajwa

APS to be constructed in Parachinar: Bajwa

Chief of the Army Staff (COAS), General Qamar Javed Bajwa on Sunday visited Parachinar of Kurram Agency to inquire about health of the injured of bomb blast that claimed 25 lives and left many wounded. The army chief visited the hospital where he met and

Published 23 Jan, 2017 12:00am

APS to be constructed in Parachinar: Bajwa

APS to be constructed in Parachinar: Bajwa

Chief of the Army Staff (COAS), General Qamar Javed Bajwa on Sunday visited Parachinar of Kurram Agency to inquire about health of the injured of bomb blast that claimed 25 lives and left many wounded. The army chief visited the hospital where he met and

Published 23 Jan, 2017 12:00am

Infrastructure development: Dar for exploring new ways of financing

Infrastructure development: Dar for exploring new ways of financing

Federal Finance Minister, Ishaq Dar chaired a meeting to review the financing of infrastructure projects in the country in Islamabad on Sunday. Finance Secretary briefed the Minister on the status of financing of major infrastructure projects in the count

Published 23 Jan, 2017 12:00am

Infrastructure development: Dar for exploring new ways of financing

Infrastructure development: Dar for exploring new ways of financing

Federal Finance Minister, Ishaq Dar chaired a meeting to review the financing of infrastructure projects in the country in Islamabad on Sunday. Finance Secretary briefed the Minister on the status of financing of major infrastructure projects in the count

Published 23 Jan, 2017 12:00am

Infrastructure development: Dar for exploring new ways of financing

Infrastructure development: Dar for exploring new ways of financing

Federal Finance Minister, Ishaq Dar chaired a meeting to review the financing of infrastructure projects in the country in Islamabad on Sunday. Finance Secretary briefed the Minister on the status of financing of major infrastructure projects in the count

Published 23 Jan, 2017 12:00am

Pakistan, Thailand fail to reach deal on TRMs

Pakistan, Thailand fail to reach deal on TRMs

Pakistan and Thailand have reportedly failed to reach an agreement on Tariff Reduction Modalities (TRMs) for the proposed Free Trade Agreement (PATHFTA), well informed sources told Business Recorder. Technical teams of both countries held threadbar

Published 23 Jan, 2017 12:00am

Pakistan, Thailand fail to reach deal on TRMs

Pakistan, Thailand fail to reach deal on TRMs

Pakistan and Thailand have reportedly failed to reach an agreement on Tariff Reduction Modalities (TRMs) for the proposed Free Trade Agreement (PATHFTA), well informed sources told Business Recorder. Technical teams of both countries held threadbar

Published 23 Jan, 2017 12:00am

Pakistan, Thailand fail to reach deal on TRMs

Pakistan, Thailand fail to reach deal on TRMs

Pakistan and Thailand have reportedly failed to reach an agreement on Tariff Reduction Modalities (TRMs) for the proposed Free Trade Agreement (PATHFTA), well informed sources told Business Recorder. Technical teams of both countries held threadbar

Published 23 Jan, 2017 12:00am

Bulls retake charge

Bulls retake charge

Pakistan Stock Exchange (PSX) witnessed positive trend during the outgoing week and the benchmark KSE-100 index increased by 154.33 points to close at 49,364.83 level.

Published 23 Jan, 2017 12:00am

Bulls retake charge

Bulls retake charge

Pakistan Stock Exchange (PSX) witnessed positive trend during the outgoing week and the benchmark KSE-100 index increased by 154.33 points to close at 49,364.83 level.

Published 23 Jan, 2017 12:00am

Bulls retake charge

Bulls retake charge

Pakistan Stock Exchange (PSX) witnessed positive trend during the outgoing week and the benchmark KSE-100 index increased by 154.33 points to close at 49,364.83 level.

Published 23 Jan, 2017 12:00am

Futures spread down by 200 basis points

Futures spread down by 200 basis points

The futures spread decreased by 200bps to 6.98 percent during the outgoing week ended on January 20, 2017. Trading activities on the futures counter also reduced as average daily trading volumes decreased by 1.2 percent to 52.91 million shares.

Published 23 Jan, 2017 12:00am

Futures spread down by 200 basis points

Futures spread down by 200 basis points

The futures spread decreased by 200bps to 6.98 percent during the outgoing week ended on January 20, 2017. Trading activities on the futures counter also reduced as average daily trading volumes decreased by 1.2 percent to 52.91 million shares.

Published 23 Jan, 2017 12:00am

Futures spread down by 200 basis points

Futures spread down by 200 basis points

The futures spread decreased by 200bps to 6.98 percent during the outgoing week ended on January 20, 2017. Trading activities on the futures counter also reduced as average daily trading volumes decreased by 1.2 percent to 52.91 million shares.

Published 23 Jan, 2017 12:00am

Futures spread down by 200 basis points

Futures spread down by 200 basis points

The futures spread decreased by 200bps to 6.98 percent during the outgoing week ended on January 20, 2017. Trading activities on the futures counter also reduced as average daily trading volumes decreased by 1.2 percent to 52.91 million shares.

Published 23 Jan, 2017 12:00am

Trump launches presidency with attacks on media, marchers

Trump launches presidency with attacks on media, marchers

Barely arrived in the White House, President Donald Trump has touched off a stormy debate over the extent of his popular support, even before moving Monday to take his first concrete actions in office.

Published 23 Jan, 2017 12:00am

Trump launches presidency with attacks on media, marchers

Trump launches presidency with attacks on media, marchers

Barely arrived in the White House, President Donald Trump has touched off a stormy debate over the extent of his popular support, even before moving Monday to take his first concrete actions in office.

Published 23 Jan, 2017 12:00am

Singapore 2G switchoff highlights digital divide

Singapore 2G switchoff highlights digital divide

When Singapore pulls the plug on its 2G mobile phone network this year, thousands of people could be stuck without a signal - digital have-nots left behind by the relentless march of technology.

Published 23 Jan, 2017 12:00am

Panama Leaks: Baloch urges Supreme Court to frame solid ToRs

Panama Leaks: Baloch urges Supreme Court to frame solid ToRs

Secretary General, Jamaat-e-Islami, Liaqat Baloch, has urged the Supreme Court to frame solid ToRs in connection with the Panama leaks, Dubai Leaks besides the written off loans and go for a thorough investigation into money laundering and transfer of the

Published 23 Jan, 2017 12:00am

'All trade from China should be made through banks'

'All trade from China should be made through banks'

Punjab Minister for Industries, Commerce and Investment (IC&I) Sheikh Alauddin said that Punjab government was taking solid steps to strengthen its industry and the trade sector by giving top priority to solve its core issues.

Published 23 Jan, 2017 12:00am

Germany arrests 'accomplice' of Austrian terror suspect

Germany arrests 'accomplice' of Austrian terror suspect

German police said Sunday they have arrested a man accused of having ties to a suspected Islamic extremist captured in Austria and thought to have been plotting an attack.

Published 23 Jan, 2017 12:00am

Philippine officials to visit Beijing to discuss investment deals, ASEAN summit

Philippine officials to visit Beijing to discuss investment deals, ASEAN summit

Philippine President Rodrigo Duterte is sending a cabinet-level delegation to Beijing this week to meet with China's Vice Premier Wang Yang and other top Chinese officials to discuss investment deals and his country's chairmanship of the Association of So

Published 23 Jan, 2017 12:00am

Taliban warn Trump over Afghanistan

Taliban warn Trump over Afghanistan

The Taliban has warned President Donald Trump to reverse US policy on Afghanistan or face a "historically shameful defeat", a US-based monitoring group reported Sunday. An article, which the SITE Intelligence Group said appeared on the Taliban's website a

Published 23 Jan, 2017 12:00am

Taliban warn Trump over Afghanistan

Taliban warn Trump over Afghanistan

The Taliban has warned President Donald Trump to reverse US policy on Afghanistan or face a "historically shameful defeat", a US-based monitoring group reported Sunday. An article, which the SITE Intelligence Group said appeared on the Taliban's website a

Published 23 Jan, 2017 12:00am

British-Iranian aid worker's five-year jail term upheld in Iran

British-Iranian aid worker's five-year jail term upheld in Iran

An Iranian appeals court has confirmed a five-year jail sentence for British-Iranian aid worker Nazanin Zaghari-Ratcliffe on security charges, Iran's judiciary spokesman said on Sunday. Zaghari-Ratcliffe's family said in September that a Revolutionary Cou

Published 23 Jan, 2017 12:00am

Afghanistan wants to ease tensions with Pakistan: Abdullah

Afghanistan wants to ease tensions with Pakistan: Abdullah

Afghanistan wants to limit tensions with Pakistan, Chief Executive Abdullah Abdullah has said, after ties between the two countries further strained over several issues including Kabul's blame game policy. Abdullah made the remarks during a meeting in his

Published 23 Jan, 2017 12:00am

Afghanistan wants to ease tensions with Pakistan: Abdullah

Afghanistan wants to ease tensions with Pakistan: Abdullah

Afghanistan wants to limit tensions with Pakistan, Chief Executive Abdullah Abdullah has said, after ties between the two countries further strained over several issues including Kabul's blame game policy. Abdullah made the remarks during a meeting in his

Published 23 Jan, 2017 12:00am

UK Prime Minister May promises frank talk with Trump after women protest

UK Prime Minister May promises frank talk with Trump after women protest

Prime Minister Theresa May promised on Sunday to challenge any "unacceptable" talk when she meets President Donald Trump later this week, as she tries to secure Britain's "special relationship" with the new U.S. administration. May, Britain's second femal

Published 23 Jan, 2017 12:00am

UK Prime Minister May promises frank talk with Trump after women protest

UK Prime Minister May promises frank talk with Trump after women protest

Prime Minister Theresa May promised on Sunday to challenge any "unacceptable" talk when she meets President Donald Trump later this week, as she tries to secure Britain's "special relationship" with the new U.S. administration. May, Britain's second femal

Published 23 Jan, 2017 12:00am

Dubai toughens fire rules after tower blazes

Dubai toughens fire rules after tower blazes

Dubai on Sunday announced tougher fire rules in a bid to minimise risks after several spectacular blazes that have ripped through skyscrapers in the modern Gulf emirate. Major fires have hit Dubai high-rises in recent years and spread quickly, mostly due

Published 23 Jan, 2017 12:00am

Dubai toughens fire rules after tower blazes

Dubai toughens fire rules after tower blazes

Dubai on Sunday announced tougher fire rules in a bid to minimise risks after several spectacular blazes that have ripped through skyscrapers in the modern Gulf emirate. Major fires have hit Dubai high-rises in recent years and spread quickly, mostly due

Published 23 Jan, 2017 12:00am

Prime Minister's sons obliged to file IT returns if fall under `Resident' category: tax expert

Prime Minister's sons obliged to file IT returns if fall under `Resident' category: tax expert

Prime Minister's sons are obliged to file income tax returns in case they are earning through Pakistani source of income, otherwise they are not liable to file return being 'Non-resident' under the tax laws.

Published 23 Jan, 2017 12:00am

Prime Minister's sons obliged to file IT returns if fall under `Resident' category: tax expert

Prime Minister's sons obliged to file IT returns if fall under `Resident' category: tax expert

Prime Minister's sons are obliged to file income tax returns in case they are earning through Pakistani source of income, otherwise they are not liable to file return being 'Non-resident' under the tax laws.

Published 23 Jan, 2017 12:00am

Prime Minister''s sons obliged to file IT returns if fall under `Resident'' category: tax expert

Prime Minister''s sons obliged to file IT returns if fall under `Resident'' category: tax expert

Prime Minister''s sons are obliged to file income tax returns in case they are earning through Pakistani source of income, otherwise they are not liable to file return being ''Non-resident'' under the tax laws.

Published 23 Jan, 2017 12:00am

At least 39 killed as Indian train derails

At least 39 killed as Indian train derails

At least 39 people were killed and 50 injured on Saturday night when nine coaches of a passenger train derailed in eastern India in the latest disaster to hit the vast and accident-prone state railways, police said. The Hirakhand express train from Jagdal

Published 23 Jan, 2017 12:00am

At least 39 killed as Indian train derails

At least 39 killed as Indian train derails

At least 39 people were killed and 50 injured on Saturday night when nine coaches of a passenger train derailed in eastern India in the latest disaster to hit the vast and accident-prone state railways, police said. The Hirakhand express train from Jagdal

Published 23 Jan, 2017 12:00am

Taiwan's Foxconn chief confirms mulling $7 billion US investment

Taiwan's Foxconn chief confirms mulling $7 billion US investment

The head of Taiwan's tech giant Foxconn confirmed Sunday he is considering a $7 billion investment to make flat panels in the United States in a joint project with Japan's SoftBank. US President Donald Trump had announced before taking office a $50 billio

Published 23 Jan, 2017 12:00am

Taiwan's Foxconn chief confirms mulling $7 billion US investment

Taiwan's Foxconn chief confirms mulling $7 billion US investment

The head of Taiwan's tech giant Foxconn confirmed Sunday he is considering a $7 billion investment to make flat panels in the United States in a joint project with Japan's SoftBank. US President Donald Trump had announced before taking office a $50 billio

Published 23 Jan, 2017 12:00am

Taiwan''s Foxconn chief confirms mulling $7 billion US investment

Taiwan''s Foxconn chief confirms mulling $7 billion US investment

The head of Taiwan''s tech giant Foxconn confirmed Sunday he is considering a $7 billion investment to make flat panels in the United States in a joint project with Japan''s SoftBank. US President Donald Trump had announced before taking office a $50 bill

Published 23 Jan, 2017 12:00am

Maduro sacks head of Venezuela's Central Bank

Maduro sacks head of Venezuela's Central Bank

President Nicolas Maduro on Sunday announced the firing of Venezuela's Central Bank chief, amid a deep economic crisis worsened by the recent bungled release of bigger denomination banknotes.

Published 23 Jan, 2017 12:00am

Maduro sacks head of Venezuela's Central Bank

Maduro sacks head of Venezuela's Central Bank

President Nicolas Maduro on Sunday announced the firing of Venezuela's Central Bank chief, amid a deep economic crisis worsened by the recent bungled release of bigger denomination banknotes.

Published 23 Jan, 2017 12:00am

Maduro sacks head of Venezuela''s Central Bank

Maduro sacks head of Venezuela''s Central Bank

President Nicolas Maduro on Sunday announced the firing of Venezuela''s Central Bank chief, amid a deep economic crisis worsened by the recent bungled release of bigger denomination banknotes.

Published 23 Jan, 2017 12:00am

Couple, child suffocate to death

Couple, child suffocate to death

Three including husband, wife and a minor child died of suffocation due to leakage of gas here Saturday-Sunday night. Rescue sources said that a family slept on night turning on the gas heater to save them of chilly weather in Bansra Gali area of tehsil M

Published 23 Jan, 2017 12:00am

Alleged dacoit killed in encounter

Alleged dacoit killed in encounter

An alleged dacoit was killed and three others injured in separate incidents while police claimed to have arrested three accused in an encounter here on Sunday. According to police, a dacoit who was busy in looting citizens near Fine Bakery located in Nort

Published 23 Jan, 2017 12:00am

Chief minister condoles deaths

Chief minister condoles deaths

Punjab Chief Minister Muhammad Shahbaz Sharif has expressed deep sense of sorrow and grief over the loss of precious human lives due to train and car collision on railway line near Toba Tek Singh.

Published 23 Jan, 2017 12:00am

Large number of people throng AL&FD

Large number of people throng AL&FD

A large number of citizens, families and children throng the exhibition arranged by Agriculture, Livestock & Fisheries Department (AL&FD) here on Sunday to enjoy the unique cattle parade, horse and camel dance, birds show and unique entertainment of flowe

Published 23 Jan, 2017 12:00am

Fast-track progress in country is problem for opponents: Shahbaz

Fast-track progress in country is problem for opponents: Shahbaz

Punjab Chief Minister Muhammad Shahbaz Sharif has said that fast track progress and development in the country is a problem for political opponents. On one hand there are former rulers with lack of vision who worsened the country's economy whereas on the

Published 23 Jan, 2017 12:00am

Women deserve encouragement: Chandio

Women deserve encouragement: Chandio

Adviser to CM Sindh for information, Moula Bux Chandio has said that women of Pakistan are highly talented and objectives of progress and development of the country could not be achieved without utilising the capabilities of women.

Published 23 Jan, 2017 12:00am

CPEC projects to boost Pakistan into new stage of industrialisation: Khattak

CPEC projects to boost Pakistan into new stage of industrialisation: Khattak

Chief Minister Khyber Pakhtunkhwa Pervez Khattak said that CPEC projects were entering to a new stage of joint industrialisation in the province and PTI government successfully included a number of mega projects in the overall canvas of CPEC in KP.

Published 23 Jan, 2017 12:00am

Waseem to approach court against Sindh government

Waseem to approach court against Sindh government

The matter of decentralisation of powers has caused issues between Karachi Mayor Waseem Akhtar and Pakistan Peoples Party (PPP) led Sindh government. According to sources, Waseem Akhtar has decided to knock the court's door after the lack of co-operation

Published 23 Jan, 2017 12:00am

DHQ, THQ hospitals 1,124 nurses, 342 pharmacists to be recruited: Minister

DHQ, THQ hospitals 1,124 nurses, 342 pharmacists to be recruited: Minister

Punjab Minister for Primary and Secondary Healthcare Khawaja Imran Nazir has said that 1124 nurses and 342 pharmacists are being recruited for District Headquarters and Tehsil Headquarters hospitals to improve the Nurses and beds ratio in the hospitals. H

Published 23 Jan, 2017 12:00am

Sindh government promoting awareness about census: Murad

Sindh government promoting awareness about census: Murad

The Chief Minister Sindh, Syed Murad Ali Shah, has said that Sindh Government was creating awareness in the province regarding upcoming census in the country. Talking to the media during visits to different villages in Jamshoro district on Sunday, Shah to

Published 23 Jan, 2017 12:00am

VC inaugurates day-care centre at UAF

VC inaugurates day-care centre at UAF

The University of Agriculture Faisalabad has set up a new state-of-the-art building for Day Care Centre in order to provide the latest facility to the citizens. The building was inaugurated by UAF Vice Chancellor Professor Dr Iqrar Ahmad Khan who was flan

Published 23 Jan, 2017 12:00am

UNIDO's Cleantech to help face challenges of energy and environment

UNIDO's Cleantech to help face challenges of energy and environment

The UNIDO has introduced the Global Cleantech Innovation Programme (GCIP) for Pakistan with the collaboration of Global Environment Facility (GEF) for small and medium-sized enterprises leverages the power of entrepreneurship to address challenging energy

Published 23 Jan, 2017 12:00am

Dastagir to visit Brussels

Cotton

Dastagir to visit Brussels

Federal Minister for Commerce Khurram Dastgir Khan will visit Brussels from January 22 on 4-day official visit. He will hold meetings with senior officials of European Commission and members of European Parliament and will chair conference of trade office

Published 23 Jan, 2017 12:00am

'Punjab government promotes passions of inter-provincial harmony in youth'

'Punjab government promotes passions of inter-provincial harmony in youth'

The Punjab Government has promoted the passions of inter-provincial harmony in the youth by extending gratis educational facilities to the students belonging to other provinces. This has given a strong message of hope and trust to students of federating u

Published 23 Jan, 2017 12:00am

Mix trend witnesses in prices of essential items

Mix trend witnesses in prices of essential items

A mix trend in prices of essential food commodities, including pulses, vegetable, sugar, chicken, eggs, was witnessed as rates of some items decreased while other increased slightly in retail market, according to survey conducted by Business Recorder <

Published 23 Jan, 2017 12:00am

Meelad-e-Mustafa & Haq Bahoo conference held

Islahee Jamaat & Aalmi Tanzeemul Arifeen of shrine Hazrat Sultan Bahoo (RA) organises Annual Meelad-e-Mustafa & Haq Bahoo conference at Jinnah Convention Centre Islamabad.
Published 23 Jan, 2017 12:00am

Plea for knowledge-based education for special children

Chairman, Mehboob Medical Institute and Habib Physiotherapy Complex Hayatabad Dr Mehboob Ur Rehman here on Sunday said that the special children make up 15 percent of the total population of the country and ignoring them in providing knowledge based educa
Published 23 Jan, 2017 12:00am

81 suspects apprehended in Balochistan: ISPR

FC Balochistan along with other LEAs apprehended 81 suspects and recovered huge cache of arms and ammunition during last week foiling terrorist actions. Alongside, 32 Area Dominating operations were also carried out in Quetta city in collaboration with yo
Published 23 Jan, 2017 12:00am

KP ESED sanctions, functionalises over 1,700 schools

The Elementary and Secondary Education Department (ESED) Khyber Pakhtunkhwa has sanctioned and functionalized more than 1,700 schools of different categories in the province during last 3 years.
Published 23 Jan, 2017 12:00am

Speculation sub judice on Panamagate case's outcome, two top lawyers say

It is sub judice to speculate on the possible outcome of the ongoing hearings in Panama Papers leaks case in the apex court, two senior lawyers told the Business Recorder, here. After 13 hearings, the one overriding and constantly reiterated observation b
Published 23 Jan, 2017 12:00am

Who will be the next governor of Sindh?

The federal government has started deliberations for appointment of new governor Sindh after the death of former Justice Saeeduz Zaman Siddiqui, who remained in the office for barely two months. Siddiqui, 79, passed away due to respiratory problems and ch
Published 23 Jan, 2017 12:00am

'Facility to test stents quality not available'

Sources at Federal Investigation Agency (FIA) revealed on Sunday that Punjab Drug Testing Laboratory was asked to reply over the matter of sale of sub-standard stents. It has also been reported that the laboratory officials were asked to provide details a
Published 23 Jan, 2017 12:00am

Sunday Bazaars: separate stalls for women shopkeepers reserved: Minister

Minister for Women Development Department, Punjab Hameeda Waheed-ud-Din has said that under Women Package, separate stalls for women shopkeepers, have been reserved in Sunday Bazaars across the province.
Published 23 Jan, 2017 12:00am

Israel OKs more settler homes ahead of Trump talks

Israel approved hundreds of new settler homes in east Jerusalem Sunday, hours before Prime Minister Benjamin Netanyahu was to speak to US President Donald Trump for the first time since his inauguration. But a potentially explosive plan to annex a large W
Published 23 Jan, 2017 12:00am

Hungary in mourning after horror coach crash

Hungary was on Sunday mourning 16 people killed when a coach carrying Hungarian teenagers home from a skiing trip crashed in northern Italy. The mass of flowers, candles and messages for the victims of Friday's tragedy continued to grow outside the childr
Published 23 Jan, 2017 12:00am

Two killed in Indian bull-wrestling festival

Two people were gored to death Sunday in a bull-wrestling festival in southern India, a report said, a day after a ban on the controversial sport was overturned. Several towns and villages in the southern state of Tamil Nadu celebrated the popular Jallika
Published 23 Jan, 2017 12:00am

MH370 families plead for search to continue at Australia meet

Grieving relatives of MH370 passengers will appeal for the hunt for the missing airliner to continue at a meeting between the Australian and Malaysian transport ministers in Perth on Sunday.
Published 23 Jan, 2017 12:00am

No signs of life on fourth day of Italian avalanche rescue

Rescuers combing the wreckage of an Italian hotel in a bid to find survivors of a devastating avalanche detected no signs of life overnight, officials said Sunday.
Published 23 Jan, 2017 12:00am

Iraq forces take two more areas in east Mosul

Iraqi forces on Sunday retook two areas from the Islamic State group in Mosul, sealing their control of the east bank three months into an offensive to reclaim the city. They recaptured "Al-Milayeen neighbourhood and Al-Binaa al-Jahiz area and raised the
Published 23 Jan, 2017 12:00am

Divided French Socialists vote for presidential candidate

France's fractured Socialists were voting on Sunday to choose a presidential candidate with the party in danger of being reduced to also-rans as Europe shifts to the right. The two-round primary is viewed as a crucial test of the Socialists' ability to re
Published 23 Jan, 2017 12:00am

11 killed in powerful US storms

At least 11 people have been killed after powerful weekend storms tore through the south-eastern US state of Georgia, media reported on Sunday. A rural part of south-central Georgia was hardest hit, including a trailer park where seven people were killed,
Published 23 Jan, 2017 12:00am

Daylong spasm of violence leaves 27 dead in Brazil

A wave of violence has left 27 people dead in the Brazilian state of Para, a bloodletting authorities say might have been provoked by the murder of a police officer. The killings took place over a daylong stretch from Friday into Saturday, and included wh
Published 23 Jan, 2017 12:00am

Thousands hit Paris streets against abortion

Tens of thousands of protesters took to the streets of Paris on Sunday against abortion and a bill to ban pro-life websites from spreading "false information" on ending pregnancies. The demonstration comes just months before France elects a new president,
Published 23 Jan, 2017 12:00am

Seven Qaeda members killed in Yemen drone strikes

Seven suspected Al-Qaeda members have been killed in drone strikes in central Yemen that were probably carried out by US forces, security sources said on Sunday.
Published 23 Jan, 2017 12:00am

Wall Street week ahead: Optimism among S&P 500 CEOs as Trump takes power

US President Donald Trump's administration is only hours old, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus spending and deregulation will boost corporate profits.
Published 23 Jan, 2017 12:00am

US exchanges rent helicopter, drape banner in pursuit of Snapchat IPO

This past November, Nasdaq Inc hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera sunglasses and sent the aerial footage to its social media followers.
Published 23 Jan, 2017 12:00am

Major banks flood bond market with $18.75 billion of deals

Bank of America, Morgan Stanley and Wells Fargo flooded the market with US $18.75bn of senior debt on Tuesday, jumping into the primary with bond offerings after releasing results.
Published 23 Jan, 2017 12:00am

Major banks flood bond market with $18.75 billion of deals

Bank of America, Morgan Stanley and Wells Fargo flooded the market with US $18.75bn of senior debt on Tuesday, jumping into the primary with bond offerings after releasing results.
Published 23 Jan, 2017 12:00am

Previous Day

Forex
World
Commodity

Currency Rate

USD PKR Interbank Selling / May 13

281.73

USD PKR Interbank Buying / May 13

281.53

USD to Japanese Yen / May 13

147.90

USD to Swiss Franc / May 13

0.84

Pound Sterling to USD / May 13

1.32

Euro to USD / May 13

1.11

UK LIBOR % / May 12

4.96

Stock Volume

S&P 500 / May 12

5,844.19

Nasdaq / May 12

18,708.34

Dow Jones / May 12

42,410.10

India Sensex / May 13

81,726.97

Tokyo Nikkei / May 13

38,305.85

Hang Seng / May 13

23,188.20

FTSE 100 / May 13

8,606.55

Germany DAX 30 / May 13

23,595.02

France CAC40 / May 13

7,859.80

Item Value

Karachi Cotton PKR/37.32 KG / May 12

16,985

Gold 10 Grams PKR / May 12

291,923

Crude Oil USD/Barrel / May 13

61.90

Gold Spot USD/Ounce / May 13

3,253.26

Cotton US¢/pound / May 13

66.85

Petrol/Litre / May 14

252.63

Diesel/Litre / May 14

256.64

Gainers
Losers
Leaders

Stock Price

Grays Leasing / May 13

Grays Leasing Limited(GRYL)

4.51

▲ 0.72 (19%)

TPL Trakker Ltd / May 13

TPL Trakker Limited(TPLT)

6.59

▲ 1 (17.89%)

Al-Shaheer Corp / May 13

Al Shaheer Corporation Limited(ASC)

6.88

▲ 1 (17.01%)

B. F. Mod. / May 13

B.F. Modaraba(BFMOD)

8.34

▲ 1 (13.62%)

Burj Clean Energy Modaraba / May 13

Burj Clean Energy Modaraba(GEM)(GEMBCEM)

9.11

▲ 1 (12.33%)

Mahanna Islamic Index / May 13

Mahanna Islamic Index Traded Fund(MIIETF)

15.47

▲ 1.65 (11.94%)

Haseeb Waqas / May 13

Haseeb Waqas Sugar Mills Limited(HWQS)

9.59

▲ 1 (11.64%)

Gulshan Sp. / May 13

Gulshan Spinning Mills Limited(GSPM)

3.40

▲ 0.35 (11.48%)

Ghazi Fabrics / May 13

Ghazi Fabrics International Limited(GFIL)

10.17

▲ 1 (10.91%)

PIA Holding Co.Ltd / May 13

PIA Holding Company Limited(PIAHCLA)

14.80

▲ 1.35 (10.04%)

Stock Price

Power Cem(Pref) / May 13

Power Cement (Pref)(POWERPS)

15.35

▼ -1.71 (-10.02%)

Bilal Fibres / May 13

Bilal Fibres Limited(BILF)

19.59

▼ -2.18 (-10.01%)

TPL Life Insur. / May 13

TPL Life Insurance Limited(TPLL)

46.80

▼ -5.2 (-10%)

Din Tex. / May 13

Din Textile Mills Limited(DINT)

45

▼ -4.99 (-9.98%)

Mughal Energy / May 13

Mughal Energy Limited(GEM)(GEMMEL)

19.90

▼ -2.12 (-9.63%)

Suhail Jute / May 13

Suhail Jute Mills Limited(SUHJ)

78.36

▼ -8.24 (-9.52%)

First Punjab Modaraba / May 13

First Punjab Modaraba(FPJM)

2.77

▼ -0.28 (-9.18%)

Parmount Sp. / May 13

Paramount Spinning Mills Limited(PASM)

3.36

▼ -0.31 (-8.45%)

First AL-Noor Mod. / May 13

First Al-Noor Modaraba(FANM)

2.95

▼ -0.25 (-7.81%)

First IBL Mod. / May 13

First IBL Modaraba(FIBLM)

3

▼ -0.24 (-7.41%)

Stock Volume

WorldCall Telecom / May 13

Worldcall Telecom Limited(WTL)

41,734,903

▼ -0.06

Maple Leaf Cement / May 13

Maple Leaf Cement Factory Limited(MLCF)

41,052,877

▲ 6.27

Sui South Gas / May 13

Sui Southern Gas Company Limited(SSGC)

35,773,773

▲ 2.33

Oil & Gas Dev. / May 13

Oil & Gas Development Company Limited(OGDC)

30,912,153

▲ 15.65

B.O.Punjab / May 13

The Bank of Punjab(BOP)

24,175,098

▼ -0.16

Cnergyico PK / May 13

Cnergyico PK Limited(CNERGY)

24,174,880

▼ -0.09

K-Electric Ltd. / May 13

K-Electric Limited(KEL)

23,803,446

▼ -0.22

At-Tahur Ltd. / May 13

At-Tahur Limited(PREMA)

21,754,749

▼ -3.25

Fauji Cement / May 13

Fauji Cement Company Limited(FCCL)

20,681,855

▲ 1.82

D.G.K.Cement / May 13

D.G. Khan Cement Company Limited(DGKC)

19,785,523

▲ 10.35

Markets →

Most Popular

Today

Yesterday

Past 3 Days

Gold price per tola falls massive Rs10,400 in Pakistan

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Buying rally continues at bourse, KSE-100 settles with nearly 1,300-point gain

Pakistan’s $60bn export target: Ministers told to craft business plans

NJLI Sarmaya Growth Fund Rates

Rupee settles lower against US dollar

Pakistan govt’s debt stock soars to Rs73.6trn by March-end

Pakistan govt working on options to increase FED

Illusion of remittance-driven growth

KSE-100 surges over 10,000 points on India-Pakistan ceasefire, IMF approval

NJLI Sarmaya Growth Fund Rates

Gold price per tola falls massive Rs10,400 in Pakistan

Rupee posts marginal gain against US dollar

IMF targets: ECC orders Rs50bn reallocation from PSDP to PD

SC dismisses ‘frivolous’ plea of FPSC with costs

FBR deputes officers at 21 beverages cos

Arif Habib expects super tax cut in upcoming budget

Beyond the ceasefire: Pakistan’s path forward

NJLI Sarmaya Growth Fund Rates

Gold price per tola falls massive Rs10,400 in Pakistan

KSE-100 surges over 10,000 points on India-Pakistan ceasefire, IMF approval

SC dismisses ‘frivolous’ plea of FPSC with costs

FY26 budget: Rates of CGT and WHT will be reduced

Housing finance schemes: Pakistan govt ready to offer 100% guarantees to banks

Buying rally continues at bourse, KSE-100 settles with nearly 1,300-point gain

Rupee posts marginal gain against US dollar

Cement: Not a sprint

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